How to start earning on Forex?
Forex Trading: A Beginner’s Guide. How to start earning on Forex? The first way to get profit from zero on Forex is trading using bonus funds, which otherwise can be called a “no deposit bonus”, almost all large brokers offer this option.
Although the amount of bonuses is small, it usually varies from $ 5 to $ 20, and you can trade in small amounts in the region of 0.05 lots, but they will surely bring their own benefit.
After you test and put into operation one strategy, you can start to master the next one. This will give you the opportunity to increase the amount of your working account and gain the experience that is necessary in the world of Forex. Only after you have gained enough experience, and the amount of your account will grow twice, you can take a chance and start experimenting.
Create your own profitable strategy to simplify the task, you can take someone else’s strategy and refine it for you. It is more expedient to begin to test it on a demo account. The testing period should be at least a month, but not more than three. During this period, you can find the pros and cons of the strategy, refine it and start using it for earnings.
How to start trading on Forex?
In the foreign exchange market, income can be obtained both as a result of the growth of exchange rates, and from their fall. There are a huge number of strategies for working in the foreign exchange market, but all of them are based on an increase or decrease in the exchange rate.
Here are some simple examples of working with Forex